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S&P: Global Banks Hold Excess Capital as Basel III Rollout Remains Incomplete
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S&P: Global Banks Hold Excess Capital as Basel III Rollout Remains Incomplete
Global implementation of the latest Basel III banking regulations remains unfinished across most major markets, prompting many financial institutions to maintain capital buffers well above minimum regulatory requirements as they await greater clarity on the final shape of the framework, according to a new assessment by S&P Global.
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